Author: Admin

More than 60 years after taking a controlling interest in , former CEO Warren Buffett stepped away from his role with the firm he turned into a multinational conglomerate on the final day of 2025. On Saturday, Feb. 28, the holding company reported full-year and Q4 2025 earnings, marking the final fiscal year and quarter with the Oracle of Omaha at the helm. And although it was new Berkshire CEO Greg Abel who penned his first annual letter to shareholders, the results the company announced over the weekend were the last to bear the fingerprints of his predecessor and mentor.…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxStandard Chartered has appointed Naveen Mallela as Global Head of Payments as it integrates its clearing, collections and payments teams into one unit.Naveen MallelaEffective 4 May 2026, Mallela will lead the bank’s unified payments organisation.The unit will develop payment capabilities across the full transaction lifecycle, covering both traditional rails and tokenised and on-chain payment flows.Mallela will be based in Singapore and report to Mahesh Kini, Global Head of Cash Management at the bank.He brings more than 25 years of experience in transaction banking and payments, with a focus…

A Chinese People’s Liberation Army (PLA) soldier stands guard in front of the National Museum of China in Beijing on March 3, 2025, ahead of the country’s annual legislative meetings known as the “Two Sessions.”Pedro Pardo | Afp | Getty ImagesBEIJING — China’s top policymakers are due to release growth targets and stimulus plans for the year at an annual parliamentary meeting that kicks off Wednesday. The gathering, dubbed the “Two Sessions,” consists of a consultative congress that will start later in the day, and a National People’s Congress due to open Thursday. Chinese Premier Li Qiang is set to…

Despite having shed a third of its share price so far this year, quantum computing giant seems intent on building its reputation as the leading firm in a hotly contested space. One of the main catalysts behind this assertion is D-Wave’s recent acquisition of Quantum Circuits, a move that quickly and dramatically expanded its reach, making it the largest quantum firm with a dual focus on both quantum annealing and gate-model technology. Still, D-Wave’s competition is fierce, with several lesser-known firms threatening to gain a dominant position. One of these competitors is , which is nearly twice D-Wave’s market capitalization.…

The European Central Bank is launching a financial literacy campaign for women based on step-counting.ECB president Christine Lagarde unveiled the programme, named EuroSteps, at an event on March 2 ahead of International Women’s Day, which will take place on March 8. The bank said EuroSteps was “designed to fit naturally into women’s everyday lives” as it “combines physical activity – like daily step counting – with bite-sized lessons so that learning about money feels simple, relevant and Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options, along…

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For investors in their 50s and 60s, the bulk of their net worth often sits inside tax‑advantaged accounts tied directly to Wall Street. Vanguard’s 2025 retirement outlook found that defined contribution plans and IRAs now account for a large share of retirement wealth for U.S. households, with equity exposure dominating many portfolios. At the same time, surveys from BlackRock and State Street show that pre‑retirees remain anxious about market volatility and inflation eroding their standard of living. People feel overexposed to stocks and…

Block’s recent headcount reduction and accelerating profitability improvements position the stock for further gains, according to HSBC. The bank upgraded the payments technology stock to buy from hold. Analyst Saul Martinez also lifted his price target to $77 from $70, which signals upside of 19%. The stock soared 17% on Friday after it said it was laying off more than 4,000 employees from its total workforce of over 10,000 people. “We are choosing to shift how we operate at a time when our business is accelerating and we see an opportunity to move faster with smaller, highly talented teams using…

Best Buy’s earnings beat was enough to please investors, who had low expectations ahead of the retailer’s quarterly results.

Versant Media Group, the newly minted spinout of TV networks and digital assets from Comcast, released its first earnings report on Tuesday. The company reported full-year revenue of roughly $6.69 billion for 2025, down 5% from the prior year. Versant is reporting a breakdown of its earnings from its final year under the ownership of Comcast’s NBCUniversal. Versant’s linear distribution revenue was down 5.4% to $4.1 billion, and advertising revenue declined almost 9% to $1.58 billion. Net income attributable to Versant was $930 million, and the company reported $2.18 billion in standalone adjusted earnings before interest, taxes, depreciation and amortization. Shares of Versant gained…

An Indiana-based real estate development and private equity firm is proposing the construction of a 258-unit apartment building at 301 SE Fourth St. in the Market District. Architectural rendering by Simonson and Associates Architects A six-story, 258-unit apartment development is proposed on a vacant lot at 301 SE Fourth St. in Des Moines’ Market District, information provided to the city’s Urban Design Review Board shows. The proposed $47 million project would be the first building to be constructed in a section of the Market District being redeveloped by District Developer LLC, a consortium that includes developer James Cownie’s JSC Properties,…